IndusInd Bank (44 per cent), Dr Reddy’ s Labs (26 per cent), JSW Steel (24 per cent), Eicher Motors (24 per cent), Sun Pharma (22 per cent) and Hero MotoCorp (19 per cent) were other stocks that traded at huge discounts.
Varun Beverages' Q1 Ebitda was 10-15 per cent ahead of Street estimates, led by strong traction in India operations and better mix. Varun Beverages is committing capital to future growth drivers, it said.